Answer:
royalties
Explanation:
Based on the scenario being described within the question it can be said that in the context of business these obligations are referred to as royalties. Royalties are shared obligations in which the franchisee agrees to pay the franchisor part of the profits that they make from using their brand name or products. Such as is being illustrated in this scenario.
Answer:
The working capital is -$98.7 while the current ratio is 0.51 : 1
Explanation:
The working capital is the amount of capital that is available for the day to day operations of the business. The working capital represents the liquidity situation of the business. The working capital is calculated as follows,
Working Capital = Current Assets - Current liabilities
Working Capital = 102.5 - 201.2 = - $98.7
The current ratio is a measure of the liquidity of a firm that measures its capacity to pay its short term obligations. The current ratio tells us the amount of current assets available for every 4! of current liability.
Current ratio = Current Assets / Current Liabilities
Current ratio = 102.5 / 201.2
Current ratio = 0.51 : 1
Answer:
$46,400
Explanation:
The cash dividends paid that should be reported in the financing section of the statement of cash flows
= Cash dividends payable at the beginning of the year + Cash dividends declared for the year - Cash dividends payable at the end of the year
= 11,200 + 48,000 - 12,800
= 46,400
Answer:
First of all, there was no attendant in the parking lot when batman arrived, meaning that he did not hand the keys. Batman kept the leys to himself all the time, so there is no transfer of possession. Without a valid transfer of possession, bailment cannot exist. Whether Batman ate at the restaurant or spent time talking to Wonder Woman do not change the facts that the safety of his Batmobile was his responsibility only.